Abstract
Considerable research has performed to link the individual development strategies into organizational performance, but less is known about the role of talent management and career development in enhancing the organizational effectiveness. In the current study, we investigate how talent management and career development direct or indirect effect organizational effectiveness. Moreover, the present study also pursues to test the mediating role of employee engagement in the association between talent management and organizational effectiveness, and career development and organizational effectiveness. Using the survey method, data was collected from permanent employees of commercial banks and the proposed model was tested through structural equation modeling in AMOS. The results suggest that talent management has a substantial effect on employee engagement and organizational effectiveness. Career development has a significant effect on employee engagement and organizational effectiveness. Moreover, employee engagement significantly mediates the relationship between individual development practices (talent management and career development) and organizational effectiveness. The present study guides the bank's management to focus on individual development practices and offer development opportunities to their employees for creating competitive advantage and boosting organizational performance. Finally, the study implications and future research directions are discussed.
Highlights
Businesses exist to attain high productivity in their working styles and produce competitive edge in the global economy
The goal of this study was to investigate the influence of talent management and career development on organizational effectiveness and how employee engagement interpret the association between development factors and organizational effectiveness
The findings of our study proved that talent management and career development significantly related to organizational effectiveness
Summary
Businesses exist to attain high productivity in their working styles and produce competitive edge in the global economy. To achieve this edge and high efficiency, firms need talented and engaged employees. The role of human resource management becomes even more important than ever in this competitive era. Talent management (TM) is handling the aptitude, mastery, and vigor of employees inside an organization.TM supports the process of recruitment and evolves the people skills to fulfill the human needs of an organization. Considerable studies have done to link the talent management to the individual as well as organizational performance, but little is known about the role of talent management in enhancing the employee engagement
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